Initial Public Offering (IPO): News
22 Sep 2023
Alibaba GroupAlibaba subsidiary targets $1 billion in Hong Kong IPO
Cainiao Network Technology, the logistics subsidiary of Alibaba Group, is preparing to submit its application for an initial public offering (IPO) in Hong Kong as soon as next week.
21 Sep 2023
United States of AmericaInstacart co-founder Apoorva Mehta (37) nets $1.1 billion post-IPO exit
Apoorva Mehta (37), co-founder of Instacart, has earned a whopping $1.1 billion after the company launched its initial public offering (IPO).
14 Sep 2023
Stock MarketLVMH-owned 'world's oldest start-up' files for IPO in US
German footwear brand Birkenstock has filed for an initial public offering (IPO) in the US.
14 Sep 2023
SoftBank GroupSoftBank's Arm hits $54.5 billion valuation in 2023's biggest IPO
Chip designer Arm Holdings has achieved a $54.5 billion valuation in its initial public offering (IPO) in the US, making it the biggest IPO of 2023.
12 Sep 2023
Stock MarketSoftBank-backed Arm's IPO already oversubscribed by 10 times
Arm Holdings's initial public offering (IPO) is already oversubscribed by 10 times, with bankers planning to stop taking orders earlier than expected.
11 Sep 2023
Securities and Exchange Board of IndiaJSW Infrastructure's Rs. 2,800 crore IPO aims for September launch
JSW Infrastructure, a leading maritime ports entity and subsidiary of the $23 billion JSW Group, is gearing up to launch its initial public offering (IPO) by September end.
11 Sep 2023
Stock MarketBasilic Fly Studio's IPO grows investor wealth by nearly 180%
Basilic Fly Studio, a visual effects studio operator, had a remarkable debut on the NSE SME platform. Its shares were listed at Rs. 271, a 179% premium over the IPO price of Rs. 97.
10 Sep 2023
Stock MarketInvestors eye six IPOs and five listings this week
The Indian stock market is gearing up for a busy week with six Initial Public Offerings (IPOs) and five new listings.
07 Sep 2023
Stock MarketCPS Shapers lists strong on NSE with nearly 150% premium
CPS Shapers Ltd., a leading manufacturer of shapewear for men and women, made a remarkable debut in the Indian stock market today.
18 Jul 2023
BusinessIndia leads the world in IPOs in 2023
India seems to be unfazed by the global downturn in initial public offers (IPO). The country is the top performer in the world in terms of IPOs.
07 Jul 2023
Stock MarketDrone-maker IdeaForge scores bumper IPO listing; doubles investor wealth
If you invested in drone-maker IdeaForge, you are in for a significant bump in your wealth.
27 Mar 2023
FinanceIPO withdrawal rumors are 'unfounded' and 'baseless': Mamaearth's CEO
Indian skincare company Mamaearth has dismissed rumors about its IPO withdrawal. Varun Alagh, the company's CEO, called the reports claiming Mamaearth's decision to postpone its IPO "baseless" and "unfounded."
12 Dec 2022
Stock MarketSula Vineyards' IPO subscription open: Everything you need to know
Sula Vineyards Ltd, India's largest wine producer and seller, launched its initial public offering (IPO) at 10 am today. The bidding will remain open for the general public till December 14, 2022.
16 Sep 2022
Patanjali4 Patanjali IPOs in next 5 years, says Baba Ramdev
India's most famous yoga guru, Baba Ramdev, is all set to float four initial public offerings (IPO) in the market.
31 May 2022
LICLIC records 18% fall in standalone net profit; announces dividend
State-run insurance giant Life Insurance Corporation of India (LIC) has announced its first quarterly results as a publicly traded company.
17 May 2022
Bombay Stock Exchange (BSE)LIC IPO debuts on Dalal Street at discounted price
Following a much-awaited Initial Public Offering (IPO), LIC has made its debut on Dalal Street.
04 May 2022
LICSubscriptions for LIC IPO open: Everything you need to know
Subscription for the Initial Public Offering (IPO) of India's insurance behemoth Life Insurance Corporation (LIC) has opened today. The bidding will remain open for the general public till May 9.
26 Apr 2022
Life Insurance Corporation of IndiaAhead of IPO, anchor investors show massive interest in LIC
The Life Insurance Corporation of India's (LIC) initial public offering (IPO) is set to be launched on May 4 and will remain for subscriptions until May 9, PTI reported.
18 Nov 2021
PaytmPaytm debuts on NSE, BSE: Find all key details here
Today, the financial sector is clamoring about India's biggest initial public offering (IPO). Mobile payment platform Paytm's parent firm, One97 Communications, will debut on Dalal Street.
10 Nov 2021
NykaaNykaa founder Falguni Nayar now India's wealthiest self-made woman billionaire
Indian beauty start-up Nykaa's shares made a strong debut on the Indian stock exchanges on Wednesday following an IPO. The stock traded at a premium of 82% on the NSE over its IPO issue price of Rs. 1,125 per share.
10 Nov 2021
PaytmPaytm IPO Live Updates: All about India's largest-ever IPO
Subscriptions to Indian digital payment giant Paytm's $2.5 billion initial public offering slowed down on the second day of share sale because analysts voiced concerns about the company's profitability.
23 Jul 2021
ZomatoZomato makes stellar stock market debut; lists at 53% premium
Shares of food delivery giant Zomato Friday made a stellar debut on stock markets as the company created history by becoming the first Indian unicorn to go public.
04 Jan 2021
Alibaba GroupAlibaba founder suspected to be missing after criticizing Chinese government
Chinese billionaire Jack Ma has not been seen in public for more than two months now, a development that has sparked questions about his whereabouts.
19 Dec 2020
ZomatoAhead of its IPO next year, Zomato raises $660 million
Zomato has raised $660 million as part of its primary financing round, giving the Gurugram-based food tech unicorn a valuation of $3.9 billion, the company's founder and CEO, Deepinder Goyal, said on Twitter.
10 Sep 2020
Warren BuffettWarren Buffett's Berkshire Hathaway investing $570mn in Snowflake
In a major, albeit surprising, move, Berkshire Hathaway, the multinational conglomerate led by investing legend Warren Buffett, has confirmed the plan to infuse nearly $570 million into Snowflake, a cloud data-warehousing unicorn in the US.
10 Sep 2020
ZomatoZomato raises Rs. 760 crore from Tiger Global: Details here
In a major step forward, Zomato has raised Rs. 760 crore ($102 million) in funding from US-based investment firm Tiger Global Management.
03 Feb 2020
WeWorkWeWork appoints real estate veteran Sandeep Mathrani as CEO
WeWork, the American start-up that provides shared workspaces, has appointed real estate veteran Sandeep Mathrani as its new CEO.
01 Feb 2020
Nirmala SitharamanBudget 2020: Government to sell LIC holdings through IPO
Announcing the Union Budget 2020-21 on Saturday, Finance Minister Nirmala Sitharaman said that Life Insurance Corporation of India will now be listed on stock exchanges.
29 Nov 2019
OlaSoon, Ola might lay off nearly 350 employees: Here's why
After barging into categories like financial services and car rentals, ride-hailing giant Ola is looking to focus more on growth and profitability.
25 Nov 2018
India#FinancialBytes: 5 investment classes with most risk (and high return)
When it comes to investment, people have so many options today that some may even find it a little confusing to choose one.
15 Sep 2018
XiaomiXiaomi creates new managerial positions to foster leadership
Amid increased scrutiny of governance and succession in mega Chinese tech firms, smartphone maker Xiaomi has announced that it is looking to create new managerial positions to build a second tier of leadership under CEO Lei Jun.
10 Sep 2018
Alibaba GroupAlibaba co-founder Jack Ma to step down in September 2019
Alibaba co-founder Jack Ma, one of the world's richest business executives, has announced that he will step down as the executive chairman of Alibaba in September 2019.
03 May 2018
XiaomiXiaomi files for the biggest Chinese tech IPO since 2014
Chinese consumer electronics company Xiaomi has filed for an initial public offering (IPO) in Hong Kong Exchanges and Clearing (HKEX).
04 Apr 2018
SpotifySpotify goes public, valued at $26.6 billion
In a unique IPO approach, Spotify is going the direct listing route instead of traditionally selling its shares on the stock market.
24 Feb 2018
Goldman SachsDropbox files for IPO, to raise $500 million
File syncing service Dropbox has filed for an initial public offering (IPO).
20 Feb 2018
World Health OrganizationOrCam: This lesser-known company got a $1 billion valuation
OrCam Technologies Ltd., an Israeli company developing technology for visually impaired people, has been valued at $1 billion after completing a funding round of $30.4 million.
25 Jan 2018
Indian RailwaysSouth Western Railways announces 21 unreserved vacancies: Details here
The South Western division of Indian Railways has announced 21 unreserved vacancies for candidates under sports quota.
13 Nov 2017
JapanUber seals multi-billion dollar investment from Japan's SoftBank
Ride-hailing giant Uber has sealed a massive multi-billion dollar investment from Japanese technology conglomerate SoftBank.
03 Oct 2017
State Bank of India (SBI)SBI Life Insurance's stock market debut; gains 5% on issue-price
SBI Life Insurance made a strong market debut as it got listed on stock exchanges.
18 Sep 2017
IndiaGovt may get Rs. 15,000cr from NIA, GIC Re IPOs
The NDA government intends to rake around Rs. 11,000 crore by selling shares of four state-owned non-life insurers and the national reinsurer, according to its disinvestment plans for the current fiscal.
09 Sep 2017
State Bank of India (SBI)SBI Life Insurance's Rs. 8,500 crore IPO receives SEBI nod
According to reports, Securities and Exchange Board of India (SEBI) has given approval for the initial public offering (IPO) of SBI Life Insurance Co. Ltd, which is a joint venture between State Bank of India and BNP Paribas Cardif.
06 Sep 2017
IndiaNifty 50: How does it actually work?
Post periodic review by India Index Services and Products (IISL), the National Stock Exchange's (NSE) will move ACC, Bank of Baroda, Tata Power and Tata Motors DVR from its benchmark Nifty 50 index.
06 Sep 2017
Business'Angry Birds' maker Rovio plans IPO with $2 billion valuation
What is the worth of a Finnish company, which is known for making adorable yet disgruntled birds throwing themselves at pigs? Apparently, it's as high as $2 billion.
01 Sep 2017
UberUber's new CEO Dara Khosrowshahi promises big changes
It looks like Uber's new CEO Dara Khosrowshahi is shaking things up for the better.
27 Jun 2017
IndiaHDFC Life, Max rejig merger plans after IRDA's cancellation
Post Insurance Regulatory and Development Authority of India (IRDA) rejection of HDFC Life Insurance Co. Ltd and Max Life Insurance Co. Ltd's three-step union, the two firms have extended their merger deadline and have come up with a new structure in compliance with all norms.
19 Jun 2017
IndiaCDSL IPO gains full subscription on Day 1
The Central Depository Services Ltd (CDSL), one of the two depositories in India, saw its initial public offering (IPO) oversubscribed nearly 1.01 times today, its first day of issue.
14 Apr 2017
IndiaHenry Kravis' tryst with Indian investment scenario
Investment firm KKR's co-founder Henry Kravis will go down in history of investments with two words that remain highlighted in his career- "Leveraged buyout" and "go-go '80s"
03 Apr 2017
TechnologyWag does (p)awe-some job of getting $19 million in funding
Wag, a dog-walking venture has managed to secure $19 million with General Catalyst giving $4 million and Sherpa Ventures contributing $15 million.
02 Feb 2017
IndiaBudget 2017: Tax sops to boost MSME ecosystem
Finance Minister Arun Jaitley announced a variety of tax sops directed at the micro, small and medium enterprises (MSME) sector in the budget yesterday.
30 Sep 2016
Nexus Venture PartnersPune-based startup Druva raises $51 mn in funding
Pune-based data protection solutions start-up Druva Inc. announced that it raised $51 million in funding.
19 Sep 2016
IndiaICICI Pru Life insurance IPO: To subscribe or not?
India's largest insurer is set to open its IPO today for subscription for nearly 18.13 crore equity shares.
12 Sep 2016
IndiaThree IPOs to hit Indian markets in September
Three Indian firms are set to be listed this month, helping raise a whopping Rs.7,000 crore during their initial public offering (IPO).
02 Aug 2016
Donald TrumpWarren Buffett takes on Donald Trump
At a rally with Hillary Clinton, Buffett launched a scathing attack on Donald Trump for his reluctance to make his tax returns public .